Applied Pavement Technology INC

$968,600 PPP Loan in Urbana, Illinois

Loan Details

Loan Number
5325417000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$968,600
Current Approval
$968,600
Forgiveness Amount
$980,436
Forgiveness Date
Jul 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Applied Pavement Technology INC
Address
115 W Main St
City
Urbana
ZIP Code
61801-2714
Business Type
Sole Proprietorship
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Unanswered
Jobs Reported
56
Estimated Revenue
$6.9M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$726,450
Rent
$242,150

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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